Tesla often introduces new products with a “Launch Edition,” which typically features unique upgrades and options exclusive to the first 1,000 or so vehicles off the production line. The new Model Y’s Launch Edition costs $59,990, which is $4,000 more than a similarly equipped Long Range All-Wheel Drive model.

A Performance version and even a 7-seater version will be available later this year. This was announced by Tesla executives Lars Moravy and Franz von Holzhausen. What the Model Y

Tesla Model Y arrives with a sleek redesign, enhanced comfort, and performance upgrades. With new lighting and a rear screen, it's more attractive and functional than ever. But is the upgrade worth it,